Capital MetroRail

Austin City Council Selects Aspen Heights Partners to Redevelop the Former HealthSouth Property in the City’s Innovation District

Retrieved on: 
Thursday, October 6, 2022
Public Policy, Government, Architecture, Commercial Building & Real Estate, Construction & Property, State, Local, Urban Planning, Interior Design, Residential Building & Real Estate, Australian Capital Territory House of Assembly, STG, Rent, NHP, Housing, Council, Multimedia, Music, Capital, Capital MetroRail, CEO, City council, City, Aspen, Austin City Council, Encompass Health, Foot, Federal City Council, Property management, Silviculture, Interior design

The Austin City Council approved Aspen Heights Partners proposal to redevelop the city-owned HealthSouth tract, a key step forward for a project that will bring 232 units of affordable housing and various other community benefits to Downtown Austin.

Key Points: 
  • The Austin City Council approved Aspen Heights Partners proposal to redevelop the city-owned HealthSouth tract, a key step forward for a project that will bring 232 units of affordable housing and various other community benefits to Downtown Austin.
  • Aspen Heights Partners, which has been working with Austin city officials and community stakeholders on plans for the redevelopment since 2020, enlisted Capital A Housing and The NHP Foundation for the project.
  • "The HealthSouth development is another tool we are using to increase our affordable housing supply, said Steve Adler , Mayor of Austin.
  • Aspen Heights is a national Multifamily, Student Housing, and Single Family for Rent developer headquartered in Austin, TX.

World Class Property Company Completes Refinancing of Eastside Mercantile Property in Austin’s Plaza Saltillo District

Retrieved on: 
Tuesday, August 24, 2021
Plaza Saltillo station, Metrorail, The Paseo (Pasadena), Growth, City, Ownership, Trade, Negotiation, Maintenance, Green Line (Capital Metro), TOD, Hope, Google, Partnership, CEO, Capital MetroRail, Capital, Restaurant, Capital Metropolitan Transportation Authority

World Class Property Company (together with its affiliates World Class), a privately-held, diversified real estate investment company, announced today the successful refinancing and closing of construction financing for Eastside Mercantile, a mixed-use property located at 1200 East 5th Street in East Austins Plaza Saltillo neighborhood .

Key Points: 
  • World Class Property Company (together with its affiliates World Class), a privately-held, diversified real estate investment company, announced today the successful refinancing and closing of construction financing for Eastside Mercantile, a mixed-use property located at 1200 East 5th Street in East Austins Plaza Saltillo neighborhood .
  • The Eastside Mercantile building is within two blocks of the Plaza Saltillo Station, the Capital MetroRail commuter rail station that served as the anchor for the TOD district.
  • World Class Property Company is a privately-held, diversified real estate investment company that owns, operates, and develops office, retail, multifamily, industrial, mixed-use, hospitality, and self-storage assets .
  • World Class Property Company is a subsidiary of World Class Holdings.